June 16, 2020
Logistics Weekly
In this issue...

Did You Know National Logistics Day is right around the corner on June 28? Follow TIA on all social media, @3PLAssociation, all month long for logistics industry updates and appreciation. This Month, TIA Delivers Podcasts sat down with the founder of National Logistics Day, President & CEO of Logistics Plus, Jim Berlin. To hear the entire episode, visit us on the TIA website or your favorite streaming platforms.

Industry News and Advocacy

Transportation Intermediaries Association (TIA), the voice of the third-party logistics industry, announced on June 12 that Douglas G. Clark has been named Interim CEO of TIA, effective June 10, 2020.

Click Here to View the June 2020 New Members

Click Here to View the June 2020 Candidates

Please take a few minutes to review the list of TIA Member Candidates for June. If you have any information as to why a candidate should not be accepted into membership, please contact TIA immediately. Opposition or inquiries must be submitted in writing. A copy of the inquiry will be sent to the Candidate.

If you have any questions or objections please contact by e-mail at membership@tianet.org or call 703.299.5700.

In March 2020, the supply-chain world as we knew it was flipped on its head. America’s $22T economy came to an abrupt halt and we stopped shipping freight. This impacted everyone in the trucking industry—shippers, third-party logistics companies, and carriers—however, some narratives and headlines have suggested TIA Members have been taking massive margins off-the-top of the cost to move goods. This could not be further from the truth. The transportation industry—like many industries in the American economy—is hurting right now as a result of the impact of COVID-19. We are not immune from the recession; our members are living and working through this national nightmare.

HubTran

In this episode of the TIA Delivers Podcast, we sit down with Jim Berlin, Founder & CEO of Logistics Plus, who talks about TIA’s relationship with his company, as well as National Logistics Day, which he formally registered himself. During the episode, Berlin talks about the impact of COVID-19 on the logistics industry, and what he hopes for 3PLs in the future. Berlin’s unique perspective and creation of National Logistics Day makes this is an episode that you can’t afford to miss! Listen Now.

Beth Carroll and her team at Prosperio Group are collecting data for the 2019 compensation survey.

Participants who provide their compensation data will receive three-months of complimentary access to the online report. During these unprecedented times, it is vital to know what other companies are paying to avoid losing your top talent, or be left behind in your recruiting efforts when business resumes. And it will! Please Note: We have moved to an all-digital format for the Compensation Survey and will no longer produce printed versions.

What you need to do to participate:

  1. Download the excel pay file.
  2. Complete pay file and return to measureup@prosperiogroup.com
  3. Complete the company demographics survey
  4. Register your company at measure-up.net.

As always, we adhere to all DOJ rules regarding compensation surveys. The more participation we have the more valuable the tool is for everyone. If you have any questions, please reach out to me at beth.carroll@prosperiogroup.com or 815-302-1030.

TIA has designated June as Member Appreciation Month, a time to recognize the out-sized—and often under-appreciated—role of the logistics industry within the greater transportation ecosystem. TIA’s month-long campaign highlighting the logistics industry will culminate in the celebration of the 2nd Annual National Logistics Day on June 28, 2020—an annual day to recognize and appreciate the importance of the logistics industry in our global and national economies. 

Visit the National Logistics Day website to learn about the logistics industry and to find out more about the exciting promotional offers available during TIA Member Appreciation Month.

Registry Monitoring Insurance Svcs., Inc.
TriumphPay
Brokers Seeing Higher Margins Due To Technology Investment
InMotion Global, Inc.
It now appears the evidence is overwhelming. Brokers and 3PL’s leveraging new technology are raising their margins and lowering costs faster than those that don’t. In fact, 96% of brokers now say that technology like AscendTMS, TriumphPay, Smart Capacity, and Cargo Chief’s new human-like robot called Booking Assistant are helping to quickly eliminate labor costs and raise profit margins. Moreover, the right technology, when used properly, is clearly crowning the winners in the brokerage space.
Read More.
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Education

In this two-day paid webinar, Norris Beren will cover everything you need to know to create a business continuity plan for any sort of disaster, from floods to fires to pandemics. 

On Day 1, there will be a discussion about why you plan for the worst and hear disaster examples that hit two companies and how they survived. On Day 2, Norris will guide you through creating your own plan using the provided plan document. You’ll learn how to calculate downtime, determine your dependencies, and test the plan. Norris will also provide a walkthrough of the business resumption checklist and any insurance issues you may face.

Tuesday, June 30 & Thursday, July 2 │ 2:00 - 3:30 PM ET each day

Presented by Norris Beren: $295 for Members │$395 for Non-Members

Click Here to Register

Better decisions lead to increased margin capture. Incorporating TIA’s Certified Transportation Broker (CTB) into your employee development and training plans expresses an investment in your team and a service commitment to your customers. Sign up now for the Q3 CTB course that begins June 2020 with an online exam administered September 2020. Learn More and Register Here.

 

"The TIA Certified Transportation Broker course was very challenging and was full of information that was new to me. I feel better suited to progress through my career with this certification and proudly would support anyone thinking of taking on this challenge to better their career knowledge."

–  Owen S., Navigator Direct, Inc.

If you have any questions, please contact Sean Tucker, TIA Education Manager, at tucker@tianet.org.

Infinity Software Solutions, Inc.
McLeod Software

Your 3PL Market Report subscription includes rolling eight-quarter trends, fuel price comparisons, and allows 3PLs and industry observers to view how the industry is performing as well as compare their business to companies of a similar size. Each report also includes a summary by TIA's Chief Economist, Noël Perry. Subscribe now!

Financial management can be a challenge for any company, big or small. With the new TIA Finance 101 course, you'll be able to define key financial terms to provide information on financial matters, understand the importance of credit, receivables, payables, gross and net sales.

  • Invest a small amount of time to have a big impact on your bottom line.
  • Built by industry experts with your brokerage business in mind.

Click Here to Register

 

Member News

The Member Resource Library is a collection of guidelines and frameworks, contracts, legal cases, and other resources to provide TIA Members with a knowledge bank for 3PL success. Be sure to check out the latest additions to the library, including the recently updated Carrier Selection Framework and Framework to Combat Fraud.

You must be logged into the TIA website to access this library. Contact a member of TIA staff at
703.299.5700 if you need assistance.

Meetings

TIA has officially rescheduled the 2020 Policy Forum to September 29-30 and transferred all registrations to the new dates. Join us at the JW Marriott Washington for another year of making your voice heard. For the latest details and answers to questions regarding registrations, accommodations, and more, please visit our Policy Forum Page.